Sadbhav Engineering is currently trading at Rs.
143.00, up by 3.50 points or 2.51% from its previous closing of Rs.
139.50 on the BSE.
Last
one week high and low of the scrip stood at Rs. 143.35 and Rs. 135.00
respectively. The current market cap of the company is Rs. 2,158.00
crore.
The promoters holding in the company stood
at 47.42% while Institutions and Non-Institutions held 40.89% and 11.68%
respectively.
Sadbhav Engineering emerges as the
successful bidder in respect of the bid invited by National Highways
Authority of India G-5&6,
Sector-10D, Dwarka, New Delhi - 110075 for the project of Four laning of
Rajsamand-Bhilwara Section of NH-758 under NHDP Phase IV in the State of Rajasthan on DBFOT Basis.
The
estimated total cost of development for above project stands at Rs 720
crore. The concession period of the project is 30 years from appointed
date. The company is eligible for grant of Rs 266.40 crore.
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